Eric Trump on Friday voiced strong confidence that Bitcoin will eventually reach a $1 million valuation, speaking at the Bitcoin Asia 2025 conference in Hong Kong — the first stop in a series of Asian crypto events featuring the Trump family. Sharing insights on his deep involvement in digital assets, Eric Trump said, “I truly […]
Microsoft has struck a landmark agreement with the U.S. General Services Administration (GSA), offering over $6 billion in cost savings on cloud services over the next three years. The deal provides government agencies with access to discounted pricing on Microsoft’s cloud platforms and productivity tools through September 2026. As part of the initiative, federal agencies […]
German enterprise software leader SAP announced on Tuesday a landmark plan to invest more than €20 billion ($23.3 billion) over the next decade to strengthen its sovereign cloud infrastructure in Europe. The investment will expand SAP’s sovereign cloud portfolio by introducing a new infrastructure-as-a-service (IaaS) platform, giving European businesses secure access to advanced computing services […]
Tesla is pushing back against a $242.5 million jury verdict in a wrongful death and product liability case, asking a Florida court to either overturn the decision or grant a new trial. The case stems from a 2019 fatal accident in Key Largo, Florida, where George McGee crashed his Tesla Model S while using the […]
A worldwide movement for safer internet use has accelerated the development of artificial intelligence-driven solutions designed to shield children from harmful online content. In the U.K., the recently enacted Online Safety Act now requires tech companies to safeguard minors from inappropriate materials, cyberbullying, scams, and child exploitation. Firms found in violation risk fines of up […]
Alibaba’s Hong Kong-listed shares skyrocketed over 19% on Monday, marking their highest level since March, after strong momentum from its cloud computing business and reports of progress on a new AI chip. The rally follows a nearly 13% surge in Alibaba’s U.S.-listed shares last Friday after its earnings release. For the June quarter, the Chinese […]
Intel has confirmed receiving a $5.7 billion investment from the U.S. government, announced by CFO David Zinsner during an investor conference on Thursday. The funding, tied to the White House’s recent decision to take a 10% equity stake in the struggling chipmaker, comes as Intel explores additional outside investment opportunities for its semiconductor foundry division. […]
Google has significantly reduced its management layers, trimming over one-third of managers who were overseeing small teams, as part of its broader push for efficiency and streamlined operations. Brian Welle, Vice President of People Analytics and Performance, shared in an all-hands meeting that the company now has 35% fewer managers with smaller reporting teams compared […]
After losing her 15-year-old son Riley to suicide linked to a sextortion scheme on Messenger, a grieving mother, Mary Rodee, has become a vocal advocate for stronger protections for children online. “I hold them fully responsible,” Rodee said, pointing directly to Meta for failing to safeguard young users. She and many other parents have turned […]
Apple has officially announced a launch event scheduled for September 9 at 10 a.m. Pacific Time, inviting media and analysts to its campus. The event teaser carries the tagline: “Awe dropping.” As tradition goes, September is the month Apple typically unveils its latest iPhones. This year’s highly anticipated release is expected to be the iPhone […]